Is the internet good for writers and writing? Was the printing press?
http://www.10zenmonkeys.com/2007/10/05/is-the-net-good-for-writers/
If you won't click the link without at least a hint of whether it's worth your time, well...
The list of heavy-hitting contributors to the above include:
-author and net artist Mark Amerika (http://en.wikipedia.org/wiki/Mark_Amerika)
-cultural critic Erik Davis (http://en.wikipedia.org/wiki/Erik_Davis)
-cultural critic Mark Dery (http://en.wikipedia.org/wiki/Mark_Dery)
-cartoonist Jay Kinney (http://en.wikipedia.org/wiki/Jay_Kinney)
-counterculture freethinker pioneer and "FOTUP*" Paul Krassner (http://en.wikipedia.org/wiki/Paul_Krassner)
-Feral House (http://en.wikipedia.org/wiki/Feral_House) publisher Adam Parfrey (http://en.wikipedia.org/wiki/Adam_Parfrey)
-technology media/popular culture writer (and founding member of "Technorealism (http://en.wikipedia.org/wiki/Technorealism)") Douglas Rushkoff (http://en.wikipedia.org/wiki/Douglas_Rushkoff)
-scifi and horror writer John Shirley (http://en.wikipedia.org/wiki/John_Shirley)
O_O
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*FOTUP = "Father of the underground press (http://www.huffingtonpost.com/paul-krassner)": Paul Krassner's FBI files indicate that after Life magazine published a favorable profile of him, the FBI sent a poison-pen letter to the editor, complaining: "To classify Krassner as a social rebel is far too cute. He's a nut, a raving, unconfined nut." "The FBI was right," says George Carlin. "This man is dangerous--and funny; and necessary."
There are some amazing pieces of fiction being written solely online, many are garbage, but many more are fantastic.
I wish I had some links ready... maybe later!